section 186
Aman Bisht (88 Points)
22 August 2017
Acquisition of shares by way of bonus shares is counted for the limits of section 186(2) or not?
12 Replies
Anjali lakra
(473 Points)
Replied 22 August 2017
as per 186(2) acquire by way of subscripttion purchase or otherwise.. here the point is of acquisition therefore bonus shares is included
Anjali lakra
(473 Points)
Replied 26 August 2017
they are penalty provisions for loan to directors etc
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